Promenade - GL50 1NB
Key Postcode Insights
GL50 1NB is a residential postcode situated on Promenade, Cheltenham, GL50 with 9 addresses.
It ranks as the 263rd largest and 126th most expensive of the 719 postcodes in the GL50 area.
The postcode contains a total of 9 properties: 9 flats.
- Ave. Sale Price
- £217,129
- 10 Year change
- up 17.0%
- Ave. Rental Price
- £1,079pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £255/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
GL50 1NB is a residential postcode situated on Promenade, Cheltenham, GL50 with 9 addresses.
It ranks as the 263rd largest and 126th most expensive of the 719 postcodes in the GL50 area.
The postcode contains a total of 9 properties: 9 flats.
- Ave. Sale Price
- £217,129
- 10 Year change
- up 17.0%
- Ave. Rental Price
- £1,079pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £255/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin GL50 1NB
- 72 Promenade
Unknown
- 74 Promenade
Unknown
- 78 Promenade
Unknown
- Flat 1, 82 Promenade
Unknown
- 84 Promenade
Building | 2 Flats
Sales Market Trends
The last sale in GL50 1NB sold for £1,525,000 on 25th March 2024. Since then prices are down an average of 0.0%.
The current average value in the postcode is £217,129.
The GL50 1NB Sales Market has increased by 17.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £217,129 |
| June 2025 | 0.4% | £217,244 |
| June 2024 | 0% | £216,293 |
| June 2023 | -0.8% | £216,381 |
| June 2022 | 5.3% | £218,103 |
| June 2021 | -0.8% | £207,061 |
| June 2020 | 7.1% | £208,761 |
| June 2019 | -2.2% | £194,957 |
| June 2018 | 3.1% | £199,436 |
| June 2017 | 4.2% | £193,429 |
| June 2016 | 5.3% | £185,652 |
| June 2015 | 2.4% | £176,243 |
| June 2014 | 5.3% | £172,064 |
| June 2013 | 2.4% | £163,449 |
| June 2012 | 0.7% | £159,595 |
| June 2011 | -1.8% | £158,511 |
| June 2010 | 8% | £161,337 |
| June 2009 | -10.6% | £149,369 |
| June 2008 | -5% | £167,160 |
| June 2007 | 0% | £175,945 |
Rental Market Trends
The current average rental value in the postcode is £1,079.
The GL50 1NB Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,079pcm |
| June 2025 | 4.5% | £1,037pcm |
| June 2024 | 9% | £993pcm |
| June 2023 | 10% | £911pcm |
| June 2022 | 4.6% | £829pcm |
| June 2021 | 3.8% | £792pcm |
| June 2020 | 0.3% | £763pcm |
| June 2019 | -0.2% | £761pcm |
| June 2018 | 1% | £762pcm |
| June 2017 | -1.1% | £755pcm |
| June 2016 | 3.4% | £763pcm |
| June 2015 | 5.4% | £738pcm |
| June 2014 | 1.3% | £700pcm |
| June 2013 | 1.1% | £691pcm |
| June 2012 | -0.2% | £683pcm |
| June 2011 | 0.8% | £685pcm |
| June 2010 | 2.1% | £680pcm |
| June 2009 | -7.7% | £666pcm |
| June 2008 | 0.7% | £721pcm |
| June 2007 | 0% | £716pcm |
Sales History
The last sale was on 25th March 2024 for £1,525,000 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
GL50 1NB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2024£1,525,000 | 2 Bed Flat94, Promenade, Cheltenham, GL50 1NB94, Promenade, Cheltenham, GL50 1NB
- Sold Dec 2017£4,350,000 | 2 Bed FlatFlat 1, 82, Promenade, Cheltenham, GL50 1NBFlat 1, 82, Promenade, Cheltenham, GL50 1NB
- Sold Aug 2017£69,000 | 2 Bed Flat72, Promenade, Cheltenham, GL50 1NB72, Promenade, Cheltenham, GL50 1NB
Nearby Postcodes
GL50 1NB is the 263rd largest and the 126th most expensive postcode out of the 719 postcodes in the GL50 area.
- GL50 1HR, Ormond Terrace, Cheltenham, GL50GL50 1HR6 Addresses|30 m away
- GL50 1JD, Ormond Place, Cheltenham, GL50GL50 1JD2 Addresses|62 m away
- GL50 1PJ, Promenade, Cheltenham, GL50GL50 1PJ7 Addresses|71 m away
- GL50 1HA, Regent Street, Cheltenham, GL50GL50 1HA1 Addresses|82 m away
- GL50 1HN, Regent Street, Cheltenham, GL50GL50 1HN1 Addresses|88 m away
Property Types
- 9 other addresses of unknown type
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Dec 2017£4,350,000 | 2 Bed FlatFlat 1, 82, Promenade, Cheltenham, GL50 1NBFlat 1, 82, Promenade, Cheltenham, GL50 1NB
- Sold Jun 2017£3,750,000 | 4 Bed House43, Promenade, Cheltenham, GL50 1LE43, Promenade, Cheltenham, GL50 1LE
- Sold Sep 2015£2,900,000 | 5 Bed House112-118, Promenade, Cheltenham, GL50 1NL112-118, Promenade, Cheltenham, GL50 1NL
Schools Nearby
- The Catholic School of Saint Gregory the Great500 m away
- St John's Church of England Primary School600 m away
- Holy Trinity Church of England Primary School700 m away
- Pittville School1.7 km away
- Cheltenham Bournside School and Sixth Form Centre2.1 km away
- The High School Leckhampton2.6 km away
More reading links
Public Transport Nearby
The closest station to GL50 1NB is Cheltenham Spa station, which is 1.5 kilometres away.
- Cheltenham Spa|1.5 km away
- Ashchurch for Tewkesbury|11.4 km away
- Gloucester|11.7 km away
- Stroud (Gloucs)|19.7 km away